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    market news

    Strikers Shut Down Anglo American Platinum Mine

    Investing News Network
    Sep. 12, 2012 12:55PM PST
    Precious Metals Investing

    CNBC reported machete-wielding strikers forced Anglo American Platinum (LSE:AAL) to shut down some of its South African operations on Wednesday.

    CNBC reported machete-wielding strikers forced Anglo American Platinum (LSE:AAL) to shut down some of its South African operations on Wednesday.

    As quoted in the market news:

    A column of 1,500 chanting marchers confronted a small group of riot police backed by armored vehicles on approach roads to the firm’s Bathopele shaft in the “platinum belt” near Rustenburg, 100 km (60 miles) northwest of Johannesburg.

    The protesters jeered workers inside the plant, a repeat of action taken on Monday at rival Lonmin’s neighboring Marikana mine, where police shot dead 34 protesters on August 16.

    Click here to read the full CNBC report.

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